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Kuehne + Nagel acquires $500m freight broker ReTrans in the US
26/Jun/2015 by Cathy Roberson.
Another acquisition has been announced by a leading logistics provider and this time it is Kuehne + Nagel
acquiring US-based freight broker, ReTrans. Making 2015 already a bumper year for acquisitions.... read more
Toll acquisition brings change to Virgin Australia
25/Jun/2015 by Cathy Roberson.
A change in air cargo providers has occurred since the Toll
acquisition by Japan Post, with Qantas taking Virgin Australia’s long held contract with Toll. This has forced Virgin Australia into a rethink and the company has split out its cargo operations in preparation to fight for new contracts.... read more
Peugeot-Citroen develops supply chain into North Africa
24/Jun/2015 by Thomas Cullen.
The announcement by the French car manufacturer PSA Peugeot Citroen of its intention to open a new assembly facility in Morocco demonstrates how the automotive supply chain is changing.... read more
A promising outlook takes a step backwards in June's SLCI
22/Jun/2015 by Cathy Roberson.
After a promising six month outlook noted in last month’s Stifel Logistics Confidence Index, the outlook has since tempered. Combined with only a 0.1 point increase in the overall present situation for air freight and an almost 1.0 point decline in sea freight’s overall present situation, the Stifel Logistics Confidence Index slipped 0.5 points to 56.8.... read more
Operation improvements sets FedEx up for a possible strong fiscal year 2016
19/Jun/2015 by Cathy Roberson.
ended its fiscal 2015 year on a relatively good note with total revenue and adjusted net income both rising in a year which has been focused on cost improvements.... read more
China and Australia sign FTA to boost bilateral trade
18/Jun/2015 by Michael Clover.
China and Australia have signed a bilateral free trade agreement known as ChAFTA. The agreement is set to open up the AU$159.6bn trading relationship between China and Australia, raising the volume of trade between the two countries and easing the difficulties of doing business between the two countries.... read more
Logistics causes pain for Nestle in Africa
17/Jun/2015 by Thomas Cullen.
Nestle looks set to reduce the size of its business in Africa after disappointing sales there and the challenges of logistics in the region present higher costs.... read more
New EPA truck emission targets could change the US market
15/Jun/2015 by Thomas Cullen.
The Obama administration’s initiatives to limit CO2 emissions are about have a big effect on the American trucking sector.... read more
The Asian logistics start-up scene
11/Jun/2015 by Cathy Roberson.
The logistics start-up community is alive and well in Asia and much like the US and Europe, an increasing number of these businesses are challenging the traditional means of doing business.... read more
Airlines' profits improve but not in cargo
10/Jun/2015 by Thomas Cullen.
IATA chief announces profit growth and that the airline industry is earning the cost of capital. However he warns that much of the improvement is down to falling fuel prices and that air cargo is still in the doldrums.... read more
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